TRENDING:

XAU/USD

EUR/USD

Weekly trading plans: USD/JPY - SPX500 - DX and WTI [Video]

Juan Maldonado Elliott Wave Street

After trading professionally for over ten years, if you ask me what the key to success in the markets is, the short answer is Elliott Wave Theory. The more developed answer is the Elliott Wave Theory, along with proper validation to jump into the trades. The end of each wave is a trading opportunity. It is critical to learn how to find that end with a high probability and a small risk. So the Elliott Wave theory as a standalone solution is likely to fail and make you lose money. But with the proper application is a gold mine.

This week I am looking for buying USD/JPY and SPX500. Watch this video to get my market's perspective.

Author

Juan Maldonado

Elliott Wave Street

Juan Maldonado has a University degree in Finance, and Foreign trade started his trading career in 2008. Since 2010 has been analyzing the markets using Elliott Wave with different strategies to spot high probability trades.

AUD/USD falls hard to test 0.7100 amid risk aversion

AUD/USD is under intense selling pressure in Friday's Asian trading, attacking the 0.7100 level. Broad risk-aversion amid US-Iran uncertainty, combined with weak Australian GDP data, weighs heavily on the higher-yielding Australian Dollar. All eyes now remain on the US NFP report for fresh impetus.

USD/JPY coiling up around 160.00 amid 'Yentervention' threats

USD/JPY sits glued near 160.00 in Asia on Friday, as the Japanese Yen remains supported by persistent 'Yentervention' threats by Japan's officials. However, the pair's downside remains capped by the Mideast tensions-led risk-off mood and the US Dollar's bullish consolidation.

Gold drops back toward $4,400 on US-Iran standoff, US NFP eyed

Gold price returns to the red and approaches $4,400 in the Asian session on Friday. The precious metal remains volatile amid ongoing geopolitical turmoil. Traders will closely monitor the developments surrounding the US-Iran peace deal and the US May employment report later on Friday.

DeFi hack losses drop 80% from 2022 peak as security defenses improve — Immunefi

Losses from decentralized finance exploits have fallen by 80% since reaching a record high in 2022, according to a report released by Immunefi. The report, which analyzed exploit-driven losses across major blockchain ecosystems between 2020 and 2025, found that DeFi protocol losses declined from $2.62 billion in 2022 to $534 million in 2024.

Nonfarm payrolls: Testing the limits of Fed policy patience

The upcoming nonfarm payrolls report for May will provide the final update on the US labor market before Kevin Warsh attends his first policy meeting as the new Fed Chair later this month.

Recession on paper: What really moves the Canadian Loonie now?

Statistics Canada handed the headline writers a gift and the analysts a headache. Real GDP shrank 0.1% on an annualized basis in the first quarter, and with the fourth quarter of 2025 revised down to a 1.0% contraction, that is two negative quarters in a row, the textbook definition of a technical recession and Canada's first since the pandemic.

Weekly trading plans: USD/JPY - SPX500 - DX and WTI [Video]

Editor's Picks